Axis ELSS Tax Saver Fund vs Mahindra Manulife Large Cap Fund
Axis vs Mahindra· Portfolio Overlap Analysis
52.2%High Overlap
30 common stocksRank #8038 / 20,000
Investor takeaway: At 52.2% overlap, a significant part of these portfolios is identical. Despite coming from different AMCs, the stock picks still converge heavily. Make sure both funds actually serve different jobs in your allocation.
Common Holdings (30)
| Stock | Wt% in Axis ELSS Tax Saver | Wt% in Mahindra Manulife Large Cap | Overlap |
|---|---|---|---|
ICICI Bank Limited Banks | 7.31% | 9.06% | 7.31% |
HDFC Bank Limited Banks | 6.54% | 8.55% | 6.54% |
Bharti Airtel Limited Telecom - Services | 3.71% | 3.90% | 3.71% |
Infosys Limited IT - Software | 3.38% | 4.41% | 3.38% |
State Bank of India Banks | 2.99% | 3.83% | 2.99% |
Larsen & Toubro Limited Construction | 2.97% | 4.33% | 2.97% |
Reliance Industries Limited Petroleum Products | 2.82% | 7.77% | 2.82% |
Mahindra & Mahindra Limited Automobiles | 2.61% | 2.62% | 2.61% |
Kotak Mahindra Bank Limited Banks | 1.92% | 1.77% | 1.77% |
Tata Consultancy Services Limited IT - Software | 1.67% | 3.29% | 1.67% |
Axis Bank Limited Banks | 1.65% | 4.28% | 1.65% |
Shriram Finance Limited Finance | 1.60% | 1.80% | 1.60% |
Pidilite Industries Limited Chemicals & Petrochemicals | 2.25% | 1.41% | 1.41% |
Titan Company Limited Consumer Durables | 1.34% | 1.89% | 1.34% |
TVS Motor Company Limited Automobiles | 1.17% | 1.39% | 1.17% |
Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology | 1.23% | 1.08% | 1.08% |
Hindustan Unilever Limited Diversified FMCG | 1.02% | 3.00% | 1.02% |
Tata Motors Ltd Agricultural, Commercial & Construction Vehicles | 0.91% | 1.45% | 0.91% |
Hyundai Motor India Ltd Automobiles | 0.99% | 0.88% | 0.88% |
Divi's Laboratories Limited Pharmaceuticals & Biotechnology | 2.21% | 0.87% | 0.87% |
Nestle India Limited Food Products | 0.75% | 1.02% | 0.75% |
ICICI Lombard General Insurance Company Limited Insurance | 0.54% | 0.87% | 0.54% |
Power Grid Corporation of India Limited Power | 0.51% | 0.49% | 0.49% |
Trent Limited Retailing | 0.49% | 0.90% | 0.49% |
Cummins India Limited Industrial Products | 1.00% | 0.47% | 0.47% |
Avenue Supermarts Limited Retailing | 0.46% | 1.46% | 0.46% |
Bajaj Finserv Limited Finance | 0.44% | 4.73% | 0.44% |
LG Electronics India Ltd Consumer Durables | 0.36% | 0.65% | 0.36% |
Tech Mahindra Limited IT - Software | 0.27% | 1.55% | 0.27% |
Info Edge (India) Limited Retailing | 0.23% | 0.78% | 0.23% |
Unique to Axis ELSS Tax Saver
- Bajaj Finance Limited3.34%
Unique to Mahindra Manulife Large Cap
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Banks20.3% (5)
IT - Software5.3% (3)
Automobiles4.7% (3)
Telecom - Services3.7% (1)
Construction3.0% (1)
Petroleum Products2.8% (1)
Finance2.0% (2)
Pharmaceuticals & Biotechnology1.9% (2)
Consumer Durables1.7% (2)
Chemicals & Petrochemicals1.4% (1)
Retailing1.2% (3)
Diversified FMCG1.0% (1)
Agricultural, Commercial & Construction Vehicles0.9% (1)
Food Products0.8% (1)
Insurance0.5% (1)
Power0.5% (1)
Industrial Products0.5% (1)
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More comparisons for Mahindra Manulife Large Cap
- vs Mahindra Manulife Flexi Cap64.6% · 31 stocks
- vs HDFC NIFTY 50 ETF64.1% · 23 stocks
- vs HDFC Nifty 50 Index64.1% · 23 stocks
- vs ICICI Prudential Nifty 50 ETF64.1% · 23 stocks
- vs Mirae Asset Nifty 50 ETF64.1% · 23 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.